In this episode, Paul and Tonya dive into the major news from the U.S. Small Business Administration (SBA): the launch of the new MARC Loan Program. This is the first-ever dedicated loan program for small manufacturers and is designed to provide flexible working capital with "minimal red tape". Loan funds can be used for inventory, new projects, and other short-term needs.

• 💰The MARC Loan Program: The SBA's new loan program for small manufacturers offers working capital with maximum flexibility. It can be structured as a revolving line of credit or a term loan to support short-term needs.
• 🚧The Risk of Construction: Special guest Christa Hansen of Hansen Monitoring Team joins the show to tackle the risky side of construction loans. She reveals the common reasons deals get turned down, including low excess cash, inexperienced contractors, and "guesstimate" estimates.
• 🚨How to Avoid Disaster: Learn what banks and borrowers can do to minimize risk, the importance of a detailed project plan, and how to avoid costly mistakes.

This episode is sponsored by: Res/Title

Res/Title, your "One Stop Shop for SBA closings". We're your commercial title and closing company that provides you with the tools and technology to give you an instant quote and Al property reports on any deal in the nation. Whether it's for $35,000 or $35 Mil, we handle closings anywhere in the nation with one point of contact. Get started today! www.res-title.com

⚠️ Disclaimer: The views expressed on this show are our own and not necessarily the views of our employer. ⚠️